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The former home of retired Macy's North Chairman and CEO Frank Guzzetta is on the market in the Rock Island Lofts in the Minneapolis Warehouse District.

Located just blocks from the venerable Nicollet Mall Macy's store, this is a rare two-level unit with 24-foot ceilings, double-stacked and arch-topped windows with unobstructed views of downtown Minneapolis and the Mississippi River.

Designed for hosting large gatherings and fundraisers -- and a terrific collection of art, antiques and furniture -- this penthouse-level corner unit has 3,416 finished square feet including two private bedroom suites, 2 1/2 bathrooms and a mezzanine-level library. The televisions and media center in the custom-built media system are included in the sale price.

With a recent price cut of about $150,000, this is still a high-priced condo, but it's not the most expensive on the market downtown. There are 14 condos in the metro area priced between $2 million and $5 million.

For information, call Cynthia Froid, Keller Williams Realty, 612-578-1303.